I know most traders don't want 'cost of trade' input so, I said just add another sheet for those like me who can use it.
Don't change your calculation. Just add another sheet with another column like 'Qty' where we can put 'breakeven/cost of trade'. These will be helpful.
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About the backtest, I select trending(from EOD/WEEKLY charts) stock for trading.
As the system is trend following, the performance will reduce if stock in the long-range bound period.
Backtested Reliance from approx April 1st to mid of May 2018 approx 45 calendar days(not trading days. As Reliance moved from 890 to 1000 in that time the performance is high. If we calculate it for 2 months and 15 day (till today EOD) even the performance will be better as the stock is still giving bigger moves. But the performance may reduce with other stock.
It's better to test with your stocks. (Whats your favorite stock, Tata Steel?)
Name your 1-2 stocks, I'll post the result (in weekend). Choose any liquid stock at least over Rs 200 price.
Don't change your calculation. Just add another sheet with another column like 'Qty' where we can put 'breakeven/cost of trade'. These will be helpful.
**********
About the backtest, I select trending(from EOD/WEEKLY charts) stock for trading.
As the system is trend following, the performance will reduce if stock in the long-range bound period.
Backtested Reliance from approx April 1st to mid of May 2018 approx 45 calendar days(not trading days. As Reliance moved from 890 to 1000 in that time the performance is high. If we calculate it for 2 months and 15 day (till today EOD) even the performance will be better as the stock is still giving bigger moves. But the performance may reduce with other stock.
It's better to test with your stocks. (Whats your favorite stock, Tata Steel?)
Name your 1-2 stocks, I'll post the result (in weekend). Choose any liquid stock at least over Rs 200 price.
If u ask me then I will chose tatasteel and vedl.